> For the complete documentation index, see [llms.txt](https://myxfinance.gitbook.io/myx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://myxfinance.gitbook.io/myx/protocol/risk-management-mechanisms/imbalanced-open-interests-funding-rate.md).

# Imbalanced Open Interests: Funding Rate

An imbalance in open interest is never desired. The dominant party pays the other through a funding fee **every 1 hours**. The funding rate fluctuates **based** on the utilization rate of the **LP pool** and the skewness of o**pen interests**. 

Such a funding fee incentivizes market makers to **provide liquidity** by equalizing **open interests**. This mechanism ensures that liquidity in the LP pool is only **reserved temporarily**, guaranteeing that funds are always accessible for LPs to **withdraw**.